Zahn

Former City Lawyer Testifies About Concerns Over Controversial Bonus Plan, Sparks Clashes with Aaron Zahn

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JACKSONVILLE, Fla. – Aaron Zahn, the former CEO of JEA, found out that the bonus plan that led to his firing and federal conspiracy charges might not be legal, causing him to become angry and frustrated. This revelation came from Jason Gabriel, the former general counsel for the city of Jacksonville, who testified at the trial of Zahn and ex-JEA CFO Ryan Wannemacher. The defendants are accused of implementing a bonus scheme that allowed JEA employees to purchase company “units” that could increase in value if the utility was sold. Gabriel argued that he had … Read more

Former JEA Executives Aaron Zahn and Ryan Wannemacher Stand Trial for Conspiracy and Wire Fraud Charges

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JACKSONVILLE, Fla. (AP) – Jury selection has begun for the upcoming federal trial of former JEA executives Aaron Zahn and Ryan Wannemacher. Almost two years after being indicted, the former CEO and chief financial officer of the utility company are facing charges of conspiracy and wire fraud. The charges are related to a proposed bonus plan that prosecutors claim could have resulted in hundreds of millions of dollars in payouts if the utility had been sold. Zahn and Wannemacher pleaded not guilty to the charges following their indictment in March 2022. The trial will have … Read more